Buffered Hydrofluoric Acid (BHF) Market 2021-2026 Latest Report on Top Companies: FDAC, KMG, Puritan (Avantor)

The global Buffered Hydrofluoric Acid (BHF) market size is projected to grow from 2021 to 2026. The demand for Buffered Hydrofluoric Acid (BHF) can be attributed to patient benefits, growth of the manufacturing sector, increasing production and growing capacity in Chemical industry, and healthy growth of pharmaceutical and food & beverage industry in developing countries, are supporting the growth of the Buffered Hydrofluoric Acid (BHF) market.

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Pandemic impact on the Global Buffered Hydrofluoric Acid (BHF) Market:

The declining prices, supply-demand gap, and COVID-19 pandemic impact had severe impact on the Buffered Hydrofluoric Acid (BHF) market. Due to the COVID-19 pandemic, the demand for Buffered Hydrofluoric Acid (BHF) has been increasing due to rise in the Chemical throughput, suspension of manufacturing activities, disruption of supply chain, and postponement of the expansion projects across the globe. However, during pandemic period, the growing demand from the food & beverage, and pharmaceutical industries supports to offset the marginal decline in demand caused due to slowdown in the manufacturing sector across the globe. At the end of 2019, COVID-19 began to erupt in China, Due to the huge decrease of global economy; we forecast the growth rate of global economy will show a decrease of about 4%, due to this reason, Buffered Hydrofluoric Acid(BHF) market size in 2020 will be lower than in previous years.

Global Buffered Hydrofluoric Acid (BHF) Market Dynamics:

Hydrofluoric acid is a solution of hydrogen fluoride (HF) in water. Solutions of HF are colourless, acidic and highly corrosive. It is used to make most fluorine-containing compounds; examples include the commonly used pharmaceutical antidepressant medication fluoxetine (Prozac) and the material PTFE (Teflon). Buffered oxide etch (BOE), also known as buffered HF or BHF, is a wet etchant used in microfabrication. Its primary use is in etching thin films of silicon dioxide (SiO2) or silicon nitride (Si3N4). It is a mixture of a buffering agent, such as ammonium fluoride (NH4F), and hydrofluoric acid (HF).

Hydrofluoric (HF) acid, one of the strongest inorganic acids, is used mainly for industrial purposes (eg, glass etching, metal cleaning, electronics manufacturing). Hydrofluoric acid also may be found in home rust removers. Exposure usually is unintentional and often is due to inadequate use of protective measures. Hydrofluoric acid can produce harmful health effects that may not be immediately apparent. If inhaled or swallowed, this compound can cause fluoride poisoning.

The report recognises major industry vendors, key regions, demand & supply, applications, innovations, revenue costs, and challenges. Information according to global Buffered Hydrofluoric Acid (BHF) market segments such as geographies, applications, and industry by considering major players has been given. The report shows market effect factors analysis that precisely emphasizes technology progress/risk, consumer needs/customer preference changes, technology progress in a related industry that draws the growth factors of the market.

The evident quantitative as well as qualitative insights about the Global Buffered Hydrofluoric Acid (BHF) market are covered in the report along with forecast analysis of all the Global Buffered Hydrofluoric Acid (BHF) market that expected to modify the market in the future are described in detail. The segmental analysis also highlights details about different aspects that will influence the market.

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Buffered Hydrofluoric Acid (BHF) Market Players:

Stella Chemifa
Zhejiang Kaisn
FDAC
Zhejiang Morita
Soulbrain
KMG Chemicals
Jiangyin Jianghua
Suzhou Crystal Clear Chemical
Fujian Shaowu Yongfei
Suzhou Boyang Chemical
Jiangyin Runma
Puritan Products (Avantor)
Columbus Chemical Industries
Transene Company

Product Type Segmentation:

With Surfactant
Without Surfactant

Industry Segmentation:

Semiconductor
Flat Panel Display
Solar Energy

Segmentation by Regions:

On the basis of Regional analysis, North America and Europe holds major share in global Buffered Hydrofluoric Acid (BHF) market. Moreover, Asia-Pacific is expected to record higher growth rate in Buffered Hydrofluoric Acid (BHF) Market during the forecast year.

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Top Industry News:

Avantor Announces Credit Rating Upgrade by S&P Global Ratings on 10 February, 2021 -- Avantor, Inc., a leading global provider of mission-critical products and services to customers in the life sciences and advanced technologies & applied materials industries, today announced that S&P Global Ratings upgraded its credit rating to 'BB+'/Stable Outlook.

"We are pleased with S&P Global Ratings' decision to upgrade our rating to BB+ with a stable outlook," said Thomas Szlosek, Executive Vice President and Chief Financial Officer at Avantor. "We executed extremely well in a challenging environment. Our fully integrated business model enables us to support our customers in virtually every phase of their research to scale up and production, leading to our strong operational performance and growth."

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